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Almost everyone is aware of the tremendous boom in franchising that has occurred in the world during the last twenty years. But, why has it been so successful, and how does it work? Most understand it as a means for independent entrepreneurs to go into business for themselves in order to distribute various goods or services. There is no definition that holds true in all cases. However, in general terms, franchising is a method of distribution or marketing in which a company (the "Franchisor") grants by contract to an individual, or other company (the "Franchisee") the right to carry on a business in a prescribed way, in a particular location or area, for a specified period. The Franchisee is licensed to sell a product or service to the public. In return, the Franchisor receives a royalty for support and expertise given under a common name. The strong and growing popularity of franchising around the world has resulted from the built-in advantages that franchises enjoy over the newly started independent business. Some of these advantages are: * A recognizable brand name * Professional assistance in demographic studies and market analysis, financial planning, employee training, start-up and ongoing support * Head office support and assistance in such areas as marketing and sales, research, accounting systems, etc. * Full publication design and output Indeed, statistics show that while an independently owned and operated business stands a seventy to eighty percent chance of failure in the first two years, a newly opened franchise business has over an eighty percent chance of success during the same period. You owe it to yourself to thoroughly investigate any business opportunity that comes along. We will be more than happy to spend whatever time is required to review all the facts regarding franchising in general and a SNAP Franchise opportunity in particular.
Below is a quick comparison of SNAP Newspaper Group against other Publications & Newspaper franchises and business opportunities. For an in depth comparison of SNAP Newspaper Group with another opportunity including start-up costs and fees, business experience requirements, training & support and financing options click on the name of the company to view the detailed comparison.
Franchise | Franchise Fee | Royalty | Advertising Fee | Development Costs |
Around Town Community Magazine | $25,000 | 5% | $37,600-$54,800 | |
Bingo Bugle Newspaper | $5,000 | 8% | $9,070-$15,020 | |
City Publications | $40,000-$250,000 | 6% | $43,650-$267,850 | |
CityDirect | $25,000-$100,000 | $30,000-$125,000 | ||
Coffee News | $6,000 | $25-80/wk. | $9,250-$10,250 | |
DANZN | $24,900 | 7% | 7% | $31,000-$34,650 |
Discovery Map International | $25,000 | 10% | to1% | $35,950-$45,950 |
EasyChair Media | $10,000-$20,000 | 0 | $32,700-$36,700 | |
Healthy Times Newspaper | $15,000 | $500/ month | $18,500-$29,100 | |
HERLIFE Magazine | $30,000 | 7% | $50,000-$95,000 | |
High School Sports | N/A | $136,000-$305,000 | ||
HomeMag, The | $30,000-$100,000 | 6% | $250,000-$350,000 | |
HomeTownTimes.com | $20,000-$50,000 | 5% | $24,090-$52,540 | |
Industry Magazine | $25,000 | 0 | $34,300-$43,800 | |
Inside Coup, The | $50,000 | $57,317-$452,367 | ||
Jiff-e-Books | N/A | $495-$595 | ||
Lifestyle Publications | $8,000 | $8,850-$16,400 | ||
LIVING WELL Magazine | $30,000 | $44,200-$76,000 | ||
Money Pages | $50,000 | 3K/mo | $250/mo. | $82,500-$148,500 |
My City Daily | $22,900 | 0 | $74,200 | |
N2 Publishing | $570 | 15% | $975-$9,800 | |
Natural Awakenings Magazine | $49,500 | $63,300-$120,550 | ||
OurHomes | $39,800 | $82,000-$125,000 | ||
Panache Magazine | $150,000 | 0 | $268,400 | |
Real Producers | N/A | $975-$5,650 | ||
Saver Media Group | $25,000 | $60,000 | ||
School Communications Agency, The | $30,000-$40,000 | 12% | $39,700-$59,900 | |
Scout Guide, The | $50,000 | 10% | $63,500-$70,000 | |
Select Magazine | N/A | $35,000-$65,000 | ||
SENIOR Magazine | $30,000 | $44,200-$56,000 | ||
Skedaddle Press | $12,000 | $12,000-And Up | ||
SportsXpress | $15,000 | 10% which includes a 2% towards training fund | $15,000-And Up | |
Stork News of America | $8,000-$13,000 | $800-1.2K/yr. | $11,530-$75,700 | |
Talking Book World | $25,000 | 5% | 2% | $150,000-$225,000 |
TheHomeMag | N/A | $100,000-$130,000 | ||
Tidbits Media | N/A | $76 per week | $8,500-$25,000 | |
Today's Senior Magazine LLC | N/A | $5,300 | ||
Town Calendar, The | N/A | $38,663-$53,162 | ||
Town Planner | $30,000 | $50,000-$300,000 | ||
TownePost Network | $35,000 | $41,175-$59,043 | ||
TravelHost | N/A | $49,900-$69,900 | ||
VYPE High School Sports Magazine | $30,000 | $40 per page or 6% | $152,000-$337,000 | |
WAITING GAME, The | $7,500 | $7,500-And Up |